Construction Accountant Job Description
Construction accountant
provides specialized or general analysis support in various accounting functions such as: Accounts Receivable, Accounts Payable, Payroll, Cost Accounting, Property Accounting, and General Accounting.
Construction Accountant Duties & Responsibilities
To write an effective construction accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included construction accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Setting up a paperless office system including organized storage of all correspondence, contracts, bills, POs, liens, and other documents related to construction projects and accounting
Preparing project budgets, including cost schedules, and working with field personnel to stay within those budgets—communicating any variances to upper management, and re-budgeting or re-forecasting as necessary
Process all accounts payable and accounts receivable
Recognize revenue appropriately throughout the course of the project
Preparation of monthly financial statements (balance sheets, income statements and month-end close) GL account review and reconciliation including G&A analysis
Job cost analysis and reporting
Prepare audit work papers and schedules
Work with tax department
Participate in a software conversion
Analysis of project expenditures and project accounting transactions
Construction Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Construction Accountant
List any licenses or certifications required by the position: AIA, CPA
Education for Construction Accountant
Typically a job would require a certain level of education.
Employers hiring for the construction accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Finance, Education, Construction, Business, Real Estate, Business/Administration, Communication, Management, Associates
Skills for Construction Accountant
Desired skills for construction accountant include:
Construction cost accounting and general accounting
Accounting and internet software
Microsoft Excel
Microsoft Outlook
Microsoft Word
Concepts
Financial applications
Theories
Construction cost accounting and general accounting principles
Construction process
Desired experience for construction accountant includes:
Prepare project management reports
Cost reports analytics
Analyze contracts and the risks involved
Manipulate and analyze large pools of data within Excel
Assist with system implementation
Prior experience with SAGE 100 preferred
Construction Accountant Examples
1
Construction Accountant Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of construction accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for construction accountant
- Oversee accounts payable, daily cash balance reconciliations and corporate invoices
- Prepare monthly loan draw request for multiple construction projects and monitor job costs projects
- Review and process subcontract and consultant payment requests
- Prepare bank reconciliations and accrual entries
- Monitor subcontractor contracts and commitments
- Performing day-to-day accounting functions such as month end close, variance analysis, financial reporting, AP, AR, and billing
- Maintenance of General Ledger
- Prepare construction and real estate tax returns and projections in accordance with firm and professional standards as directed by engagement leaders
- Issue/set up Purchase Orders
- Monitor job progress and any potential overruns against purchase orders or budgets
Qualifications for construction accountant
- Three plus years of experience providing attest services in a professional services firm
- Construction & Real Estate experience with demonstrated technical expertise in this industry highly preferred
- Analyze situations and data to resolve existing or potential problems
- Plan and monitor the activities of areas
- Proficient in PC based applications such as Excel
- Good management and organizational skills including the ability to work on several projects simultaneously, meet critical deadlines, and determine the priority of assignments based on deadlines that must be met
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Construction Accountant Job Description
Job Description Example
Our company is growing rapidly and is looking for a construction accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for construction accountant
- Check run (match check copies, file, and transfer requests)
- Print, review, and analyze Job Cost reports
- Set up EAF's (budgets, folders)
- Track outstanding/pending EAF's and PO'S
- Track outstanding/pending lien waivers on excel spreadsheet
- Track and resolve outstanding invoice issues (invoices on hold) on Timberline report
- Calculate and post capital management fees
- Open A/P Audit
- Prepare and post WIP entries
- Prepare EAF Tracking report and distribute
Qualifications for construction accountant
- Input and access information in the Timberline and YARDI system
- Remain stationary at assigned post for extended periods of time
- 1-2 years of experience in a similar or equal position to that of a Construction Accountant preferred
- Construction/ real estate development experience required
- Maintain confidentiality of pertinent company data
- Work cohesively with other departments and co-workers as part of a team
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Construction Accountant Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of construction accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for construction accountant
- Reconcile WIP balance to Owner GL
- Close EAFs in job cost/audit files
- Prepare Capital Reserve Escrow account reimbursement requests to lender
- Capital Reserve escrow analysis
- Prepare and submit construction loan draw to bank
- Prepare journal entries (capitalized interest, construction loan interest, construction loan advances, incidental operations, capitalized operations expenses)
- Reconcile Job Cost to Owner GL
- Review, record and reconcile General Contractor's monthly AIA construction draw
- Prepare daily cash report for Treasury Department (record daily activity, clear outstanding checks in reconciliation/cash reporting using Timberline, reconcile o/s check balance to excel schedule)
- Month end reconciliation and update of cash report
Qualifications for construction accountant
- 1 or more years construction industry experience required
- Timberline or Viewpoint Software is required
- Construction and Real Estate Tax experience preferred
- 3 years of construction accounts payable experience (with job costing)
- Experience with Sage Software
- Prepare construction draw
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Construction Accountant Job Description
Job Description Example
Our company is growing rapidly and is hiring for a construction accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for construction accountant
- Create reporting and workflow processes based on translating various business requirements from various D&C personnel, CAMS and partner advocates
- Collaborate with various D&C personnel and external partner advocates to identify, create and implement methods to track cost reduction, process improvement and speed to market within the D&C program
- Provide vision and direction on data related to various D&C initiatives, such as contractor and architect diversity statistics, project recycling
- Lead efforts to develop cost management tools and reporting metrics to assist Design, Construction, and Equipment Managers to better manage project schedules and costs
- Champion with Corporate Accounting and CAMS to ensure project dates are reported accurately so costs can be reported to facilities on a timely basis (to ensure compliance with SOX key controls)
- Directs and guides other D&C personnel and Internal Audit personnel to provide documents and data needed for Contractor and Architect audits, SOX reviews
- Provide final project cost reconciliation on all corporate sponsored projects to ensure project cost complete
- Lead, organize, and manage as e-Builder system administrator and ensure proper system access controls are maintained at all times
- These duties will include system maintenance activities such as setting up projects, users, templates, and assignment of project roles
- Provide prompt and accurate customer service in response to requests for information from all Corporate departments and other field operations
Qualifications for construction accountant
- Input and access information into the CTI system
- Maintain concentration and think clearly
- 3 years in a position requiring skills/abilities similar or equal to that of a Construction Accountant
- Perform various special projects and ad-hoc analyses as needed
- 5 or more years of Analyst/Accounting background
- Demonstrated knowledge of internal control policies and procedures in a large corporate environment
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Construction Accountant Job Description
Job Description Example
Our company is growing rapidly and is hiring for a construction accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for construction accountant
- Interact with other project groups in relation to cost codes, commitments, change orders
- Management of accounting functions
- Month-end close including all account reconciliations posting journal entries
- Fixed assets and depreciation schedules
- Job cost accounting, including processing AIA billing, lien waivers, accounts payable, accounts receivable
- Ensure division compliance with corporate policies and procedures, Sarbanes-Oxley requirements, and owner/general contractor agreements
- Job Costing and WIP, bank reconciliations, account analysis and journal entries
- Accounts Receivable and cash activity postings, light cash managment
- General ledger through financial statements support
- Monthly and quarterly financial statement preparation
Qualifications for construction accountant
- Expert knowledge of MS Office applications (Excel, PowerPoint, Word, Access)
- Prior technical experience with information management systems preferred
- Ability to prioritize, multitask, adapt, and respond effectively in a dynamic work environment
- Good solid interpersonal skills
- EBuilder experience/familiarity is a plus
- Must have Construction Billing experience